Chief, Financial Evaluation at Unified Payments Services Limited in Victoria Island, Lagos

Organization:

Unified Payments Services Limited

Job Location:

Victoria Island, Lagos

Employment Type:

Full time
Date Posted:

Job Description

Position Targets

  • To guarantee precise and prompt recording of all financial financial record in line with organisation rules, regulations and standard procedures in addition to compliance guidelines.
  • To guarantee that management documentation are generated precisely and prompt
  • To generate such documentation as may be requested under leadership in order to strategic judgment
  • To oversee appointed employees.

Obligations and Duties

  • Routine supervising of Scheme Outstanding invoices - Amount due to UP as authorized Acquirer for both domestic and International financial record (Visa, Mastercard, Amex, CUP and Payattitude).
  • Routine supervising of amount due to UP from co-acquirers.
  • Routine supervising of acquirer obligation to merchants.
  • Supervising and status updates of routine balances into outstanding invoices account for settlement from Mastercard Naira.
  • Supervising and status updates routine balances into outstanding invoices account for settlement from Visa Naira.
  • Supervising and status updates routine balances into outstanding invoices account for settlement from various scheme for Dollar financial record.
  • Track and documentation precision of debits into the settlement account in favour of merchants, PTSP, PTO, domestic switches and PTSA.
  • Track and documentation precision of debits into the settlement account in favour ATM settlement.
  • Income Guarantee: Recover PTSP and TO Earnings (Receivable) from Other Settlement Agents (e.g. ISW & Zenith Bank)
  • Evaluate of Master's degree charged to merchants and customers.
  • Recomputation and Guarantee of UP's transactional based revenues (PTSP, PTO, Switch, Processing Fee, Acquirer and Acquirer Margin) and other fees charged by UP and collected routine.
  • Every month billing to Banks and Clients.
  • Receivable collection through Settlement through NIBSS. To guarantee prompt implementation of binding accord through NIBSS as they fall due.
  • Make sure that Management gains prompt and repeatedly applicable financial information for strategic judgment and organizing purposes.
  • Rendition of monthly earnings Documentation to participants in accepted document structure.
  • Routine Earnings Evaluation Documentation.
  • GL Plans: Make sure that GLs are examined and proofed, while errors are found and corrected promptly.
  • GL Data Capture of Outstanding invoices: Make sure that all borrowers are fully identified in the schedule and properly accounted for in the GL.
  • Ensure accounting correctly in the GL for all schemes (local and international); Fees conclusions prior to the Scheme Net Settlement.
  • Rendition of Receivable documentation.
  • Financial support recoveries of all single settlement and 2UP disputed merchant financial record.
  • Accounting correctly in the GL for all Verve financial record scheme outstanding invoices.
  • Accounting correctly in the GL for all Project revenues, yearly bills and amortised financial record.
  • Project setup of disbursement timetable for community-related welfare scheme.
  • Accounting correctly in the GL for income acquired by UP for all community-related financial funding initiatives carried out.
  • Accounting correctly in the GL for all payment of scheme outstanding invoices.
  • Accounting correctly in the GL for UP as merchant outstanding invoices (Payarena) and routine tracker of sales against stock.
  • Assigned duty: Executing any other duty as may be allocated from time to time.

Key Effectiveness Indicators

  • 100% precision and honesty and reliability of GL data and financial information.
  • Timeliness of Documentation
  • 100% recordkeeping.

Qualifications

  • Education: First Academic qualification in Accounting or any numerate subject.
  • Specialist membership of ICAN/CIMA/ACCA or similar identified specialist accounting bodies.
  • Expertise: 7 years and above post service.

Expertise:

  • Outstanding expertise in cost and financial accounting principles, procedures and standardized processes.
  • Expertise in International Finance reporting Guidelines
  • Expertise in supervisory procedures and principles.
  • Expertise in Card Payment industry.

Ability / Skills:

  • Show capability to cope with pressure and deliver on time.
  • High academic qualification of precision.
  • Logical reasoning abilities and eye for description.
  • Robust interpersonal and verbal abilities
  • Improved Excel user.

Application Due Date

  • Wednesday 13th Aug, 2025

Steps To Apply

Suitable applicants should send their Resume to: judith.okolie@up-ng.com using the Position name as the subject of the email.

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